Demand

Every economy of any kind is growing only due to demand which commonly follows from some sort of efficiency. If you are the best in something the demand will be as result not the other way around.

We in Minter right from the start set on a mission to be the best in private money — so that anyone can create their own in minutes and start implementing in processes to deliver the solutions that will make them best at their business.

Long story short, three years later we are getting ready to deploy a unique global rewards and gifts platform for major brands, local businesses or communities of any kind. Transactions are fast, total cost of ownership is low, security is at its best. There is no other solution that can really compare even to our MVP. So we can envision that tens of thousands of clients will launch their rewards and gifts by Minter. Of course the process will take a while, 5–10 years at least. But once the client is onboarded he gets the most advanced solutions on the market. Especially if we talk about SMB or influencers who simply don’t have any sort of IT-professionals but need to be competitive to big boys. Few points to keep in mind:
– Setup cost are as low as 10 000 BIPs (>$100) for a coin’s reserve and name
– Transactions are lower than a U.S. cent or even free
– Data is stored forever and easily accessible
– Products themselves are free to manage and use for both business and user

All of the said above will eventually convert into organic and yet unstoppable demand for the SaaS (provided by Grom), Minter network and of course BIP as a service token.

Now do the math: in the next 6 years all of the 10 billion BIPs will be mined, every rewards and gifts campaign forever locks >10K BIPs, driving the free float amount down, eventually drying everything out. How many campaigns (most will be seasonable) are even possible to launch?

And how big will be the demand for BIP as a reserve and service token?